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. speaker. i appreciate you allowing me this time today. yesterday was tax day. and i've got taxes on my mind, mr. speaker. you know as most folks in this chamber do that h.r. 25, the fair tax, is the most widely co-sponsored, most widely supported fundamental tax reform legislation in the house and in the senate. both the house and the senate. 64 of our colleagues in the house, mr. speaker, have put their name on h.r. 25, the fair tax. eight of our senate colleagues have put their name on h.r. 25, the fair tax. the fair tax is a revolutionary proposal, mr. speaker, in that it takes all of the power of the tax code out of washington, d.c., and returns it to men and women back home. you know we can manipulate the behavior of anyone in america through the tax code. if i want folks to wear more pink ties and fewer blue tie, i'll subsidize pink ties for 250% and tax blue ties for 250% and we'll change behavior overnight. do you remember, mr. speaker, when we had the electric vehicle tax credit back in 2010? it was a $7,500 tax credit. we said we are going to give $7,500 to every american to
growth, whether it was through tax cuts and other inners and supply side reforms, would you cut them some slack on that or not? >> we would -- we think there's fairly limited room for significant fiscal stimulus that would place public debt on, you know, steeper gradient in terms of its rise. right from the beginning of the process, we recognized the government can use their balance sheet and fiscal measures to offset the decline in private sector demand. so some measures which allow for an easing of the levels of deficit reduction and the pace of that is perfectly consistent with the current rating that we now have on the uk. but can the uk go on a major fiscal stimulus exercise? we don't really think there's much room for maneuver in terms of them to do that in terms of a ratings perspective. >> what happens if they -- they could go on a big tax cutting program and that got rates going. this is more about growth, isn't it, right now, because growth is a way to generate the revenue to bring down the deficit. >> yeah. but that's evident that if you do tax cuts, that you'll get more revenu
president of the czech republic when we come back. welcnew york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business >>> welcome back to the program. here is a look at how stock res trading, to the up side. we are seeing increases throughout the trading session. yesterday was a different story. we started out okay and rapidly sold off. germany in particular was weak. eegan jones did dowde country to an a from an a plus. the xetra dax today after shedding better than 2% yesterday, which is a huge move for this index, rebounding by about 0.4%. small gains seen elsewhere, the ftse mib in italy up about 0.6%. keeping an eye on the presidential election process. that is currently under way. here is a look at the bond sp
new york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com lets you jump backwards and forwards in time to capture the perfect shot. blackberry z10 with time shift. built to keep you moving. see it in action at blackberry.com/z10 >>> welcome back to the program. there you are looking at sarah ferguson. one of the many guests attending the funeral today in london for margaret thatcher. more than 2,000 guests are expected at st. paul's cathedral just up the road from our cnbc stud yeaio here. it's the first time i believe that a lot of people will be seeing the inside of this cathedral since princess diana was married there a couple decades ago. it's certainly one of the biggest and most impo
, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> there was a car jacking that took place, as well, in cambridge involving a mercedes suv. that car was ultimately discovered here in watertown and is pursued by the watertown police department. the pursuit went into a residential neighborhood not far from here where there was an exchange of gunfire between watertown police, nbta police officer and is two suspects in this suv. during the course of that pursuit, several explosive devices were discharged from the car at the police officers. in the exchange of the gunfire, we believe that one of the suspects was struck and ultimately taken into custody. a second suspect was able to flee he from that c
share. powerful communication on the powerful network. verizon. welcnew york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com how sharp is your business security?o! can it help protect your people and property, while keeping out threats to your operations? it's not working! yes it is. welcome to tyco integrated security. with world-class monitoring centers and thousands of qualified technicians. we've got a personal passion to help your business run safer, smarter, and sharper. we are tyco integrated security. and we are sharper. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ...and we inspected his brakes for free.
to buy more than 1,000 u.s. dollars worth of gold you have to provide your income tax number. india say major buyer of gold. it is discouraging unaccounted for money moving into gold. i think with regards to commodities, there's a lot of uncertainty about chinese economic growth. if you look at steel production, cement production, it's barely growing in china. residential construction starts last year were down 11%. so i think there's a fundamental issue with commodities. they probably moved lower. there are assets much more interesting than commodities. >> mark, if this is a situation where as you suspect this is someone got in trouble, what happens to prices from here. >> well, if we go back down again and we have a big increase in margin calls again and then money has to be raised in the equity markets to offset losses in gold, then you're going to go down somewhere under you're going to rely on the margin. and cme released yesterday. >> anybody who says that deflation is once again on the table may have nothing to do with that whatsoever. >> i think you're right. i think someone or
, alienation and how to protect ourselves going forward. don't go away. is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> we are back with our expert panel. philip mudd in washington, i want to start with you and pick up what bret stevens was talking about. there seems to be a pattern here, which is if you look at the london bombings, they seem to resemble this one in this sense. second generation, first generation immigrant but clearly almost always muslim immigrants. something goes wrong in their assimilation and that is a trigger that puts them on the path to radicalization. when you were in the cia you must have been studying these london bombers, for example. do you think this is something to make 0 of that. >> a better example in terms of wha
. and of after that some of yesterday's senate debate on a bill that would allow states to collect sales taxes from online retailers. >>> several live events to tell you about today. the senate judiciary committee hears from homeland security secretary janet napolitano about immigration policy. that's on c-span at 9:30 a.m. eastern. on c-span3 at 10 eastern, the head of the consumer financial protection bureau, richard cordray, presents the bureau's semiannual report to the senate banking committee. also on c-span3 a senate judiciary subcommittee looks into constitutional and statutory authority for drone strikes and targeted killings. that's at 4 p.m. eastern. >>> one of the problems when the judges are appointing the public defenders is then the public defender's job is reliant on their approval. and judges are judged, um, on their efficiency often; how fast do they process cases, how quickly do they get through the docket? so they're going to want a public defender that goes along and gets along, that does their bidding. and that's a real challenge. and in new orleans for a long time, the s
for the industry in the fourth quarter due to tax law changes and just a seasonal spike. but b of a had better than peer loan growth. commercial loan growth was up 3.4% link to quarter. that includes international where they're taking share but u.s. loan growth was up in the quarter. loan growth at b of a certainly looks better than their megacap peers, at least this quarter. >> okay. anthony, thank you for your quick analysis this morning. thank you for calling in. i'm sure we'll talk to you again soon. >>> in the meantime, coming up, we've got a high profile bust at an art gallery involved celebrity poker international money laundering and racketeering. more on that story next. and still to come, david blitzer, the chairman of the index committee for s&p dow jones when we return. but at xerox we've embraced a new role. working behind the scenes to provide companies with services... like helping hr departments manage benefits and pensions for over 11 million employees. reducing document costs by up to 30%... and processing $421 billion dollars in accounts payables each year. helping thousands of c
happened in waco. one more quick note about the timing. yesterday was tax day for everyone in this country but here in boston it was patriots day which commemorates the battles of lexington and concord, the start of the u.s. revolutionary war. big day not only for the country but boston. >> what was supposed to be a celebration turned out differently. let's go back to new york and savannah. >> matt on monday evening president obama spoke about this tragedy offering his thoughts and prayers to the city and vowing justice to those involved. i happened to sit down with him shortly before these explosions and we talked about a number of things in the headlines. we began with the gun legislation before congress that many say is now hanging by a thread. >> i think we've got a good chance of seeing it pass if members of congress are listening to the american people so let's just take the example of background checks. 90% of americans think that we should make it tougher for criminals or people with serious mental illnesses to obtain a gun, and so the notion that congress would defy the overwhelmi
for his what information is relevant? what information is accurate? tax for things that can make or break our educational system -- creativity, relevance, technology, teachers. without funding, the educational system is worthless. lookhool systems have to at budgets and say what can make that? they will not cut math out of the curriculum. they will not cut reading. so they end up cutting the things we think of as extras -- music, art, physical education, resources that might be educational -- that might be essential to some kids think successful. >> this is chelsea and she is a special ed student. >> i have dyslexia. i go to a special at school. without it, i would be in trouble because they help me with my dyslexia. mr. president, if you cut the funds i want to be able to learn from early in my future will be in jeopardy. >> mr. president, every day there are millions of kids are struggling i need help, mr. president. >> dear mr. president, they need your help. policy education is a major issue in america and must be addressed. it is spinning out of control. the drive america's odense an
Search Results 0 to 15 of about 16 (some duplicates have been removed)

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